Middle East Conflict's Impact Not Yet Significant; March CPI Rises 1.2% Annually

The Directorate-General of Budget, Accounting and Statistics announced today that Taiwan's Consumer Price Index (CPI) rose by 1.20% year-on-year in March. The core CPI, excluding fruits, vegetables, and energy, increased by 1.94%. The CPI for essential daily necessities saw a convergence in its increase rate to 1.79%.

The Directorate-General of Budget, Accounting and Statistics explained that some businesses raised prices for dining out in March, and meat prices remained high. Additionally, rent, household management fees, electricity and gas bills, airfare, and prices for auto parts and computer equipment all contributed to the rise in prices. However, price decreases in fruits, vegetables, vehicles, and communication equipment offset some of the increase. (Editor: Pan Yi-ching) 1150408